I’m Sebastien co-founder and CEO of Early Metrics. TechWatchbySeb is a monthly newsletter to provide Tech Investors, Entrepreneurs & Innovators insights to evaluate any Innovative & Growing company.
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🥇Andreessen Horowitz 🇺🇸 gets $9Bn to invest in Tech companies
Andreessen Horowitz is a VC firm specializing in investing in tech company at any stage from Early Stage to Growth Stage. It mainly invests in the social media business and technology sector.
Those $9Bn will be split between three new funds: More than half sits in a growth fund targeting more mature startups and the rest is distributed between a general venture fund and one specializing in biotech and health.
Source: Economic Times
🥈Fractal 🇺🇸 the AI company has just raised $360M from TPG Asia 🇭🇰
Founded in 2000, Fractal Analytics is AI advisory company that helps Fortune 5000 power every human decision by bringing analytics & AI to the decision-making process.
Fractal Analytics has a presence across 15 global locations including the United States, UK, Ukraine and India. The company has raised a total of $685M and is valued above $1Bn.
The fundraising will support the growth of the company which announced to prepare a future IPO
Source: Techcrunch
🥉Payfit 🇫🇷 the HR software has raised $289M in series E
PayFit offers technology that simplifies and automates payroll and HR processes for small and medium-sized businesses. It provides users the visibility and automation they need to easily manage payroll, with the support of payroll experts. The company supports the digital transformation of businesses through a growing range of product features and services.
The company founded in 2015 has raised a total of $495M and is backed by BPI France, Eurazeo, Accel and more recently General Atlantics.
Source: Fintech Futures
That’s it for this week, wishing you a great week ahead, and feel free to share if you like 👇